• MTS Futures News_AM_20170619

    19 Jun 2017 | SET News


· The Dow Jones Industrial Average .DJI was up 24.38 points, or 0.11 percent, to end at 21,384.28, the S&P 500 .SPX added 0.69 point, or 0.03 percent, to 2,433.15 and the Nasdaq Composite .IXIC dropped 13.74 points, or 0.22 percent, to 6,151.76.

U.S. stocks ended little changed on Friday, though Amazon.com's deal to buy upscale grocer Whole Foods Market pressured a wide range of companies including Wal-Mart, while the dollar and U.S. Treasury yields dipped after disappointing economic data.

· Energy shares offset the declines in consumer names, with the S&P energy index .SPNY rising 1.7 percent and oil prices ending higher on the day.


· The Amazon deal sent shockwaves through the food distribution market and others, hurting stocks like Wal-Mart Stores (WMT.N), which slid 4.7 percent, grocer Kroger (KR.N), which tumbled 9.2 percent, and Costco Wholesale (COST.O), which fell 7.2 percent.

· Asian stocks began the week modestly higher on Monday after Wall Street offered little guidance, while sterling and the euro steadied before the start of talks over the terms of Britain's exit from the European Union.

· MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.2 percent in early trading. While, japan's Nikkei .N225 rose 0.6 percent.

· Brexit Secretary David Davis starts negotiations in Brussels on Monday, which will be followed by a Brussels summit on Thursday and Friday where British Prime Minister Theresa May will encounter - but not negotiate with - fellow EU leaders.

Reference: Reuters

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